Market declines as volume falters and buyers scarce
Stocks drift lower with light turnover and a net decline of about one point. Bonds ease a shade while wheat holds. utilities slide on merger talk and big names like American Telephone falter. The week shows thin demand despite positive trade commentary and holiday buying.
MENTIONED IN THIS ARTICLE
New York
American Telephone
American Canal du Pont
Union Carbide
Western Union
New York Central
United States Steel
Bethlehem
American Smelting
Armour of
Illinois
American Woolen
Dun and
Eprad Street Review
Innet
CWA
U S Bond Market Posts Modest Gains and Irregular Loans
United States government securities showed modest improvement while corporate loans moved irregularly. Total sales reached 12.23 million dollars with 60 domestic issues averaging down by two tenths. The domestic gold price held steady and the dollar resisted more foreign exchange selling. Washington signaled no change in gold buying, raising expectations of continued monetary policy impact.
MENTIONED IN THIS ARTICLE
New York
United States
Washington
Prohibition repeal boosts lagging hotel sector and spending power
Expanding purchasing power while repeal stimulates lagging businesses including hotels, signaling a shift in consumer activity and recovery dynamics across the hospitality sector.
Treasury Receipts and Expenditures Report
The treasury on December 13 shows receipts 13,790,342.03 dollars and expenditures 28,157,853.11 dollars, leaving a balance of 998,054,119.38 with customs receipts for the month at 11,711,112.89. Fiscal year to date receipts total 1,280,451,085.82 and expenditures 2,169,787,097.12, including 873,122,680.88 for emergency spending, creating an excess of expenditures of 889,336,011.30.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Curb Market Closes Lower After Uneven Trading
New York curb market stocks drifted to a lower close after a steadier early session. Some issues moved against the trend while most tumbled fractions to over a point. Alcohole shares held steady to firm and Canadian Alcohol advanced 2 points.
MENTIONED IN THIS ARTICLE
New York
Indus Alcohol
Parker Rust Proof
Newmont
New Jersey
Zinc
A. O. Smith and Aluminum Company of America
Government Bonds Roundup from New York Market Close
United States government bonds finished with varied results in New York trading on December 15. Liberty 3 percent bonds traded near 100.8, First 4s around 101.5, and Treasury 4s near 101.18, with 3s and 3s of June also quoted in the session.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Teanboey Se
Treasury
Treasury Se
Call Money Rates Steady In New York
Call money in New York on December 15 remained steady at 1 percent all day. Time loans showed unchanged rates with 60 days at 1 1 2 percent, 90 days at 1 1 4 percent, and 4 to 6 months at 1 1 2 percent. Prime commercial paper quoted at 114. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
McDowell
W. Va
Commercial Bank
City of Bluefield
West Virginia
City of Bluefieet
Third Street
City of
Bluefield
Myrtle B. Watts
John T. Watts
Mercer County
W. Kemp
T. G. Hobbs
George Richardson, JR
New York
Dry goods outlook hints at steady January cloth output
New York reports no planned curtailment in print cloth production for January. Percales remain firmer on unconfirmed talk of government purchasing for GWA needs. Silk merchants expect next week’s approval to cut production by 25 percent from NGA highs. Rayon sales rise in fabric division. Burlap shipments to Calcutta increase.
MENTIONED IN THIS ARTICLE
New York
Calcutta
Butter market notes show mixed Chicago prices
Butter prices appear steady with many entries around 90 to 93 score figures and percentages. The brief list includes values such as 93 score 164 percent and 92 163g, indicating varied market quotes and standardized measures across several lots.
MENTIONED IN THIS ARTICLE
Chicago
New York Poultry Prices Mixed Across Receipts
Market report from New York on December 15 notes unsettled prices for Kyre poultry six pounds and 16 ounce units. Various categories include mixed colors special packs from fresh receipts and standards, with figures ranging around 23 to 39 cents per pound and refrigeration impacts.
MENTIONED IN THIS ARTICLE
New York
Poultry Prices and Grades Reported by Market Yet Rates Vary
The note lists price levels for special packs and standards with mixed percentages and several grade categories for eggs and poultry. It mentions white eggs unchanged, browns and fancy varieties up to 17 to 18 percent, and dressed poultry firms amid varying live poultry conditions. It also covers fowls, frozen and fresh turkeys, and freight and express rates with partial changes across categories.
Sugar market quiet in New York trading
Raw sugar held at 3.19 due to no cases reported while refined grade stayed at 4.40 per unit. Market closed with little change and sales totaling 8,000 tons.
MENTIONED IN THIS ARTICLE
New York
Government orders lift Chicago grain near close
Sudden buying from government sponsored sources pushed the wheat market higher after a prior wave of liquidating sales had pulled prices down. Wheat closed about a quarter to a third of a cent above yesterday, corn and oats held steady, and provisions were largely unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Toledo Grain Prices and Basis Markups Report
Toledo grain prices on a 2819 basis with nominal rates. Wheat No 2 red 8244 8344, No 1 red 8334 84. Corn No 2 yellow 4744 49%4, No 8 yellow 64 47% Oats No 2 white 364% 37%, No 3 white 36 37. Grain in store transit billing attached. Wheat 5 cents above track, corn 4.5 cents above, oats 3 cents above. Seeds unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Trade Trends Report Across Industries
Cement November output fell 27.7 percent from last year to 4,672,000 barrels, with shipments at 4,463,000 barrels down 6.7 percent. Gasoline demand shows slight improvement in some eastern and midwestern areas while prices stay steady. Tin plate mills run at about 75 percent capacity, a sizable drop from prior months. Wholesale grocery and provisions distribution remains near peak Thanksgiving levels.
MENTIONED IN THIS ARTICLE
Associated Press Cement
Rctording
Department of Commerce
New York
Produce markets report from Pittsburgh December
Pittsburgh reports slow demand for produce with apples at steady prices and various brands listed by car lots and crates. Potatoes follow a steady trend across Maine New York and Texas with per 100 pound sacks pricing noted, butter and egg markets show no change with standard scores cited.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York
West Virginia
Jersey City Livestock Market Report Highlights Prices
In Jersey City on December 15 the livestock market showed cattle at 1 020 head with 970 direct. cows steady and vealers and calves 550 with 530 direct. Lambs ranged with Michigan fed highs around 8 25 and hothouse notes. hogs 2 350 direct. overall receipts light.
MENTIONED IN THIS ARTICLE
Jersey City
Agr
New York
Michigan
West
Lancaster Livestock Prices Report from Lancaster Pa
Lancaster livestock prices show cattle and calves steady with slight declines in beef steers. Local dryfeds palangus yearlings average 1000 lbs at 6.50 while cows bulls and heifers and stockers remain steady. Hogs trade slow but hold Thursday’s average. sheep and lambs steady with choice lambs at 7.50 to 8.00.
MENTIONED IN THIS ARTICLE
Lancaster
Baltimore Livestock Prices Mixed as Markets Hold Steady
Baltimore livestock market reports steady to lower prices across cattle and sheep. Cattle ranges show variations from 2.25 to 5.00 for different grades, with fresh cows and springers around 30.00. Sheep and lambs total 300 head and remain steady.
Livestock Quotations Some Prices Mixed Across Classes
Quotations show lambs at 7.00 to 8.00 for good to choice and 3.50 to 6.50 for common to medium. Hogs range with 800 head lower and lights 3.55 to 3.90, medium 3.65, light pigs 2.30 to 3.00, homes 3.40, roughe 1.40 to 2.90, pigs 3.30, western hogs 10 to 20 higher than quotations. Calves 50 steady with good to choice 6.50 to 7.00 and common to medium 3.25 to 3.76.
Pittsburgh Livestock Market Report December 15
Hogs totaled 3 000 with holdovers 600 as demand rose 20 to 25 cents. Prices ranged 55.65 for 160 to 300 lbs, 3.00 to 5.25 for 110 to 150 lbs, and 2.00 to 3.00 for under 110 lbs. Packing sows steady. Cattle grossed 15 with tops at 5.60 for steers and 4.50 to 5.50 for grassers. Heifers 8.50 to 4.50, cows 3.90, bulls 2.75 to 3.25. Calves around 100 with good end 5.50 to 6.00, culls 2.50 to 4.00, heavies 5.00 down. Sheep 500, steady. best lambs 7.65 to 7.0, mediums ~6.25, common 3.00 to 4.50.
MENTIONED IN THIS ARTICLE
Baltimore
Pittsburgh
U. S. Dept
Wall Street Briefs and Bond Buyer Report Declines
The analyst index shows November activity down 3.2 points to 69.2 from October 72.4. A steel production drop drives the decline while 1932 November figures dip from August’s high. New state and municipal financing totals 8.8 million with a $2.75 million Texas relief bond award. Weston Electrical declares 50 cent dividend to be paid January 2 to December 26 record. Reyerson and Son pay 25 cent dividend to December 28 records. first since November 1, 1931. 30 cents previously in 1931.
MENTIONED IN THIS ARTICLE
New York
Deily
State of Texas
Weston Electrical Instrument Corporation
Joseph T. Reyerson and Son Company
Also Mentioned on This Page
Richard R. McLaughlin
Ruth Lord Kesting
T. G
T. Garnette Shufflebarger
Tazewell
Virginia
St. Clair Crossing
Rkeys
Scott Bron
Fred Bailey
Princeton Road
Ceres
Turkey
Crawfords
Bluefield Gas and Power Co
EB. G. Kidd
Chevrolet
Norman Anderson
Dodge
Carl Duncan
Princeton
8. A. Franklin
Pertehie Jordan
Arista
Barrow Motor CO
Plymouth
Ford Truck
Bluefield Avenue
Bluefield, W. VA
Ligton Ford
Walton Sudduth Co
Automobile Service 17
Bluefield Ave
NEW Rainbow Cleaners
Mccullogh
Harry Henderson
U. A. Nex
Federal Street
Telegraph Commercial Printing CO
Daily Telegraph Building
F. Davis
Nashville
Tennessee
Garriott
Southern School of Printing
South Street
Nashville, Tenn
Care Telegraph
J. Crockett Jr
WM. E. McKenney
American Bridge League
East
South
Khcatepenin
North East
North
Fartner
Greenbrier Coal and Coke CO
GHIER
Princeton Ave
National Finance Company
LAW & Commerce Building
Taylor's
Morgan
Nixon Paint and Paper CO
Peters
Ali
American Loan CO
Rainbow Cleaners
McCulloch Avenue
Foxx Tea
Chippendale Dinning Room
Hotpont
Telegrapar Commercial Printing CO
Carolina Avenue
Thomas Street
Hale
Josie Spratt
Secion
Clark M. Thornton
B. W. Poff
Silver Springs
Olive Hawks
Ora Harman
Kegley
Community Realty CO
Ridge Avenue
Daily Telegraph
Musical Instruments
Care Daily Telegraph
Bland
North Streets
Brederick
L. G. Scott
Easley-Wilson CO
Peery Bidg
South Mercer Street
Ramsey Street
L. R. Taylor
State Road Commission
Edgar J. Williams
Minnie Williams
J. N. Harman, Jr
James W. “Inan
Bramwell
Spicertown
Mercer Couny
Edgar L. Williams
Bannister
Tracy King
Standard Statistics Co
Ind. R.R
Ut’ Ty
Tot
Todey
Eas
Bee
N. Y. Stock Exchange
Livingston and Company
New York Stock Exchange
Principal Exchanges
James E. Mann
Adams Express
Alaska Juneau
Owens II
Erie
Erie Elec. Storage Battery 45% 45% 45 Pac. Gas and Ei Pac
Allied Chemical Alleghany Corpn
Lighting
Allis Chalmers
Packard Motors
Amer
Foster Wheeler
Penick and
Ford
Amer Cam Aoe
Fox Film
Phillips Pet
Vu Amer
Rolling Mills
Motors
Proctor and Gamble
Steel
Lle
Gen. Ry
Pullman
Amer, T
Gillette Safety
IT Radio Corp
Great Northern
Keith Orpheum
Amer. Wat. Works
Remington Rand
Reo Motors
Armour
Anaconda Corp
Eance
Goodyear Tire
Republic Steel
Hershey Choc
Reynolds Metal
Houston Oj
Houdaille Hershey
Reynolds Tob
Drygoods F. Ry
Bok
Hudson Motors
Seee
Royal Dutch
Aef
St. Jose
Auburn Autoseer Neee
Iinois Central Hupp Motors
Seaboat Air Line Aviation Corpn
Eerees
Sears Ebucere
Baldwin Loco
Int
Harvester Ch. Nee
Shattuck
International Shoe
Simmons Bed
Socony Vacuum
Bendix Aviation
Eces
Tel
Sou
Calif. Edison
Best and Co. Eeeenee
Inland Steel Teen Eres Eaeteee
Bethlehem Steel
Johns-Manville
Wweee
Borden and Co
Kelvinator Seeee
BRM
Brooklyn Man
Standard Brands
Tee
Brooklyn-Union Gas
Kennecott Copper
Briggs Mfg
Kroger Groce
Byers
Wanes
Orly
Lambert Co
Standard Oil
Canada Dry
Lehman Corp
Eees
Ewart Warner
Canadian Pacific
Lehn and Fink
Stone and Webster
Tms
Case Thresh Setee
TOM Liggett
Myers
Studebaker
Cerro de Pasco
Texag Co
Eeseee
Eimapinglien Corp
Chicago Northwestern
Lou Gas and Elec
Underwood Ellicott
Chrysler
McKesson and Robbins
Union Union Carbide
Coca-Cola Esene
United Aircraft
United Corpn
Kan
Tees U
Congoleum Natra
Gassaaeeneeee Si
Montgomery Ward
Continental Ing
Warner Bros
Continental Ol
Cash Register
Dairy Product Acts
Distillers
Weston
Crown Cork and Seal
Masyiana
Curtiss-Wright
DuPont
North Amer
Columbia Gas and Electric Preferred
Swift and Company
Electric Bond and Share
Standard Oil of
Ohio
Tranefere
Thursdey
NEW York Poultry
Chicago Grain
Toledo Grain
Jersey City Livestock
Lancaster Livestock
Baltimore Livestock
G. B. Bancock Investments
Appalachian Electric Power Co
Preferred
Pittsburgh Livestock
Wall Street Briefs